3 technology trends that will change the landscape of tech jobs

With over one million people entering the workforce every month in India, it becomes a business imperative for companies to generate enough jobs for the available pool of talent. With technology being the new change agent, it has marked a new beginning on how businesses interact with talent pool. With the newer trends becoming more prevalent and mainstream, many industries now realise that classic hiring and communication methods do not target new age workforce. Business service providers are now resorting to technology and implementing innovation to hire workforce.
Below are some disruptive trends likely to impact the recruitment and hiring industry in 2018:

Embracing artificial intelligence and machine learning- Organisations will use artificial intelligence to analyse a job description, to compare and reach out to candidates via e-mail requesting them to apply for the vacant position. Machine learning and matching-algorithm intelligence will enable to customise and identify prospective candidates. Also, AI and bots will soon improve the communication process with the candidates; AI will ensure constant feedback on each stage of the interview process. Predictive analytics will help data tools to assess a candidate’ s position that best fits his/ her skills and background by analysing the data available. This will be used to match with the candidate's personality, interests and values. Talent data can be used in a smarter way to expand recruiting metrics to long-term metrics which will help to measure tenure, performance, fit and retention.

Coupled with Social-media inputs, the screening for suitable profiles by using AI and BOTs helps with more refined results and predicts the potential candidate who may fit well with the organisation’s culture.

Digital transformation of labor- In 2018, digital leaders continue to reinvent their workforces to transform businesses digitally. Organisations will soon see a surge for on- demand labor platforms. The key drivers for on-demand workforce are demand for flexible workforce, diversity and a shift in organisational strategy to hire workforce to complete a task.

Rise of freelance Economy- India has more than 15 million freelancers, making it the second-largest country after US in the freelancing world. We, at India are taking up 40% of the total freelance jobs offered around the world. As digital marketplaces emerge, there are various other avenues for individuals to generate some extra income. Freelancers will now offer professional services and through digital marketplaces, they will secure a greater volume of assignments, use secure payment systems and assess potential work requirements.

There is no denial, on the transformation being brought about in the employee engagement process by technology. Digital tools are more user- friendly and vendors are building industry-specific solutions to meet the specific needs of business service providers. In 2018, businesses around the world will continue to adopt various methods to hire candidates such as just-in-time hiring and flexi-staffing models to maximise productivity. HR experts should and must learn to prepare and guide others on the benefits of technology to improve productivity and business results.